Homebuying demand to remain buoyant

In Q3 2021, overall transaction volume increased by 7.5% from the previous quarter to 9,083 units; this is a 28.9% year-on-year growth.

Continue Reading12 Nov 2021

Cairnhill 16 to open for preview on Saturday

Cairnhill 16 will launch on 27 November 2021, with unit sizes ranging from 775 sq ft to 1,744 sq ft on sale.

Continue Reading12 Nov 2021

The Assembly Place raises $5.55mil in seed funding round

Co-living tech start up The Assembly Place currently has over 300 rooms in Singapore, with another 200 rooms in the pipeline.

Continue Reading10 Nov 2021

Thomson View up for en bloc sale for $950mil

Thomson View Condominium is a 50,197 sq m site with a reserve price of $950 million.

Continue Reading10 Nov 2021

Singapore tax revenue up, amid higher stamp duties, corporate and personal income tax collected

$39.43 billion was collected in tax revenue for April to September 2021, up from $23.72 billion collected in the same period in FY20.

Continue Reading8 Nov 2021

CanningHill Piers opens for preview, units priced from $1.16mil

CanningHill Piers is a 696-unit project located between the Singapore River and Fort Canning Hill. The sales gallery opens today (5 November), and bookings begin on 20 November.

Continue Reading5 Nov 2021

Winning entries in competition for ideas to revamp Changi Point revealed

Winning proposals to enhance Changi Point include turning Old Changi Hospital into a stargazing spot.

Continue Reading5 Nov 2021

Incomes have kept pace with prices of new HDB units, resale flats

HDB subsidies for new and resale flats keep public housing affordable; among resale flat buyers who have taken up an HDB loan, the mortgage servicing ratio has remained stable at 23%.

Continue Reading3 Nov 2021

Bishan resale flat smashes record, sold for $1.36mil

The five-room Natura Loft unit sold for $1.36 million, setting a new record for the most expensive HDB flat ever sold.

Continue Reading3 Nov 2021

Mainstreaming HDB rental may reshape social norms, weaken communities

Current policies are geared towards enabling home ownership; Senior Minister of State for National Development Sim Ann said extending public housing rentals to the mainstream populace will not be embarked on “without deep consideration”.

Continue Reading3 Nov 2021

Construction firms urged to move decisively away from labour intensive construction methods

Extending permits and making it easier to obtain skills certification are two ways the Singapore government have tried to alleviate the manpower crunch.

Continue Reading3 Nov 2021

18 HDB neighbourhood renewal projects delayed by over six months

Out of 32 projects, 18 HDB neighbourhood renewal projects are either fully or partially delayed by a period of over six months.

Continue Reading3 Nov 2021

ERA partners with CGS-CIMB to promote financial literacy

The partnership between ERA and CGS-CIMB aims to promote financial literacy and empowerment, webinars and programmes can be expected.

Continue Reading1 Nov 2021

Exclusion of singles from buying HDB flats in prime areas not a step backwards

For now, the current restrictions on PLH flats are meant to prioritise larger households that might require more space, with adjustments to be made after the impact of the measures are assessed.

Continue Reading1 Nov 2021

UOL-SingLand JV to acquire Watten Estate Condominium for $550.8mil

Located along 36 to 44 Shelford Road, Watten Estate Condominium sits on a 220,241 sq ft freehold site.

Continue Reading29 Oct 2021

New prime area housing model may boost demand for flats in nearby areas

Future HDB flats launched under the PLH model have tighter rules like an extended MOP period of 10 years, which may push potential buyers towards flats in city-fringe areas that are not subject to such restrictions.

Continue Reading29 Oct 2021

First BTO project under new prime housing model to be built in Rochor

The Rochor BTO project will have 960 units of three-room and four-room flats, and 40 units of two-room rental flats.

Continue Reading27 Oct 2021

La Ville at Tanjong Rhu up again for collective sale, price lowered to $148mil

La Ville at Tanjong Rhu sits on a 47,012 sq ft site zoned for Residential use and is going for $148 million.

Continue Reading27 Oct 2021

Exceptional Homes – Mediacorp, PropertyGuru in partnership for Singapore’s largest luxury virtual real estate event

Exceptional Homes is the inaugural content collaboration between Mediacorp and PropertyGuru. The virtual real estate event caters to the robust consumer demand for upscale private property.

Continue Reading27 Oct 2021

High Point makes second collective sale attempt, price unchanged at $550mil

High Point, is located at 30 Mount Elizabeth and is making its second collective sale attempt for $550 million or $2,508 per sq ft per plot ratio, after factoring in balconies.

Continue Reading27 Oct 2021